News > Paytm shares: BlackRock, Canada Pension bought more Paytm stock after rout 

Paytm shares: BlackRock, Canada Pension bought more Paytm stock after rout 

Economic Times | 25/11/2021 12:08 PM | Click to read full article

Paytm CEO Vijay Shekhar Sharma, who wished for his company to surpass the long-standing IPO record set by Coal India Ltd., said last week that the stock’s early tumble was “no indication of the value of our company.”

BlackRock Inc. and Canada Pension Plan Investment Board were among so-called anchor investors in the IPO that bought more Paytm shares on Tuesday and Wednesday, the people said, asking not to be identified discussing private information.